Chainlink, the decentralized oracle network that powers smart contracts on Ethereum, is signaling a potential price rally for ETH. The prediction comes amid a downturn in the broader crypto market, with Chainlink also down 3.74%, with Ethereum’s price down 3.33% in the past 24 hours to $2,424.46.
Chainlink’s optimistic forecasts for Ethereum are striking despite the overall market decline. Ethereum’s market cap remains stable at $291 billion, maintaining its position as the second-largest crypto asset. Technical analysis presents a mixed picture: the Moving Average Convergence and Divergence (MACD) indicator signals a bearish divergence, while the Relative Strength Index (RSI) signals oversold conditions at 25.57. Such a divergence is often considered a market reversal signal and could be a precursor to a potential uptrend.
Chainlink’s role in the Ethereum network offers a different perspective in evaluating Ethereum’s price movements. Predictions for a possible increase in Ethereum’s price can be based on a variety of factors, including market dynamics, upcoming Ethereum updates, or the growing demand for Ethereum-powered blockchain solutions.
Similarly, the latest market analysis by Santiment indicates that Ethereum and Chainlink’s 30-day and 365-day average trading returns are at their lowest levels. This trend is often seen by analysts as a market bottom and could signal a buying opportunity for investors. Historical data shows that significant declines in trading returns often result in price reversals, with investors taking advantage of the low prices. A possible increase in Ethereum’s price could affect the entire cryptocurrency market and generate increased investment interest and renewed interest in both Ethereum and Chainlink.
FOR THE GIFT OF 10 DOLLARS PLEASE READ CAREFULLY.
My friends, you know that we, the publishers, are doing everything we can for you here. We are conveying to you the services and conveniences that our authorities have provided us. I have never withdrawn my support for both the cryptocurrency market and you, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE BY BINACE SPECIALLY FOR ME. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.
Now I will explain how you will receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who can benefit?
Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.
I EXPLAIN IN DETAILED.
My brothers and sisters who have become Binance members without a reference, please listen carefully;
When you do what I say in order, you will receive 10 USDT.
Go to the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.
The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.
It's very simple. Go to futures, enter my 88623008 referral code and activate the account. Then just open a transaction of 200 usdt in total and get the 10 usdt reward.
WHEN WILL THE REWARD COME?
Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.
You can share this post with your friends in need so that they can also benefit from it.
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